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In November 2009, Reliance Industries issued 1:1 bonus shares to its shareholders. [citation needed] In 2010, Reliance entered the broadband services market with acquisition of Infotel Broadband Services Limited, which was the only successful bidder for pan-India fourth-generation (4G) spectrum auction held by the government of India.
The acquisition occurred by maneuvering a complex deal through the Independent Media Trust (IMT), set up by Reliance Industries to issue a loan for the debt encumbered Network18 in 2012. [26] [47] It resulted in Reliance receiving 78% of the shareholding, [47] and as of 2019, the conglomerate holds 73.16% of the shares. [80]
The Jamnagar Refinery is a private sector crude oil refinery owned by Reliance Industries in Motikhavdi, Jamnagar, Gujarat, India.The refinery was commissioned on 14 July 1999 with an initial installed capacity of 668,000 barrels per day (106,200 m 3 /d).
The Mooresville-based retailer is giving $140 million in discretionary bonuses despite earnings decline in fourth quarter and annual sales.
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Reliance Natural Resources Limited is an Indian energy company involved in sourcing, supply and transportation of gas, coal and liquid fuels. The company was incorporated on 24 March 2000 and went public on 25 July 2005. [1] It is a part of the Reliance Anil Dhirubhai Ambani Group. Reliance Natural Resources has merged with Reliance Power. [2]
The song "4WP" pokes fun at bro country tendency by acknowledging the trend and lingering on some of its recurrent elements (cut-off jeans, pickup truck, dirt road). A sample of Paisley's former hit Mud on the Tires is also featured in the song.